400 Mclevin Ave 508
Malvern, Scarborough, M1B 5J4
FOR SALE
$548,800
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Property Description
Uncover the potential of this exceptionally spacious corner unit, perfectly situated at McLevin Ave & Neilson Rd! Offering around 1200 sq ft of well-designed living space, this home features a generous eat-in kitchen, a massive open balcony perfect for relaxation, and 2 bedrooms plus a versatile den that can easily be transformed into a third bedroom to suit your needs. Experience luxury living with access to top-notch recreational facilities and the peace of mind that comes with 24-hour security. Plus, enjoy unbeatable convenience just steps away from TTC & etc
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-03 | 2024-10-31 | 58 | $560,000 | - | Terminated |
| 2021-12-08 | 2021-12-17 | 9 | $2,500 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$1,402 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.84' x 20.01' | Combined W/Dining, W/O To Balcony |
| Dining | Flat | 9.84' x 10.83' | Combined W/Living |
| Kitchen | Flat | 8.20' x 9.68' | Ceramic Floor, Eat-In Kitchen |
| Breakfast | Flat | 8.20' x 10.66' | Ceramic Floor, Breakfast Area |
| Prim Bdrm | Flat | 9.84' x 14.76' | Laminate, 4 Pc Ensuite, Double Closet |
| 2nd Br | Flat | 9.19' x 11.48' | Laminate, Window, Closet |
| Laundry | Flat | 4.92' x 6.56' | , Ceramic Floor |
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Scarborough Market Statistics
Scarborough Price Trend
400 Mclevin Ave 508 is a 2-bedroom 2-bathroom condo listed for sale at $548,800, which is $217,274 (28.4%) lower than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.Inventory Change
There were 1,204 2-bedroom condos listed in Scarborough over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Scarborough over the last 30 days (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Scarborough stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Ignite Realty
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